You can redeem the ground rent, buy back the land, for a small fee at closing.

Seller finance 400kIs low you need 500k plus cost to close. 500k 20% I buy a 2.5M property...Capital need it is to high, your cash on cash return is looking to low. 

Try to stay close to home if you can.

Closings with a loan also tend to take two months or so so you may want to put in your offer that notice must be given prior to going to contract.

Once the rough-in, electrical, HVAC and plumbing are inspected and approved and it's time to close up the walls I may farm out finishing work to others. 

I typically opted for roughly 3 draws per deal, just to limit draw costs.Also, all of my lenders charged me interest on the full loan balance at closing, even though I hadn't drawn the whole loan (which annoyed me, but I get their perspective).So really, in my experience, I didn't find any to be "better or worse" they all seemed to have their own trade offs, i.e. more general accounting was easier for me, but higher draw cost.

This allows very fast closings which really appeals to some sellers, they will take fast closing over highest offer if they need to move quickly.2.

We prefer not to wholesale properties with tenants due to the potential liability for the buyer and the significant reduction in our pool of buyers if the property is not vacant at closing.

Does your bank pay your commission as an MLO when the property closes....or when the loan is actually sold?

I am in the closing process of buying my first duplex.